(EnergyAsia, December 2 2011, Friday) — Brazil’s state-owned Petrobras is likely to continue owning and operating an 80,000 b/d oil refinery in Japan’s Okinawa which it acquired separately from previous shareholders ExxonMobil in 2008 and Sumitomo Corp in 2010. While not excluding the possibility of selling the refinery, Petrobras may have a business case for holding…

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